ASEAN & South Asia Dyestuff for Textile Market: Report Highlights The Competitive Scenario With Impact Of Drivers And Challenges 2023

CITY, Country, 2019-Jul-22 — /EPR Network/ —The dyestuff for textile is regularly developed and enhanced to cater to the demands of new kinds of fabrics, by bringing advancements in dyeing machineries, to overcome the serious environmental concerns caused by existing dyes.  Such extensive research and developments in dyestuff are further accelerating the growth of the ASEAN and South Asia dyestuff for textile market.

Get a free sample copy of this report @ https://www.psmarketresearch.com/market-analysis/asean-and-south-asia-dyestuff-for-textile-market/report-sample

High use of waterless dyeing is one of the major trends witnessed in the ASEAN and South Asia dyestuff for textile market.  In the textile industry, water is used as a primary medium, in which the dye colorant is mixed for polishing and other applications. It is estimated that on an average, about 100-150 liters of water is required to process one kilogram of textile material. After undergoing a variety of textile processing steps, this water turns into wastewater, containing a complex mixture of organic and inorganic chemicals. Hence, a large volume of wastewater is originated in textile mills. Therefore, many key players in the ASEAN and South Asia dyestuff for textile market, such as DyeCoo, and ColorZen LLC., are working towards reducing the usage of water by adopting recycling, conserving, dye sublimation, and other new waterless dyeing technologies.

The high cost of dyestuffs restricts the growth of the ASEAN and South Asia dyestuff for textile market. For instance, one pound of cotton requires 230 grams of natural dye. Hence, it is expensive to use natural dyes for fabric coloring. Apart from this, wastewater generated from the textile industry comprises of a mixture of hazardous and polluting substances, including dyes, organochlorine-based pesticides, and heavy metals. It has been estimated that about 280,000 tons of dyes are discharged in textile industrial effluents, every year. This creates environmental hazards and hampers the growth of the ASEAN and South Asia dyestuff for textile market.

Browse a overview of this report @ https://www.psmarketresearch.com/market-analysis/asean-and-south-asia-dyestuff-for-textile-market

By country, India has been the largest market for ASEAN and South Asia dyestuff for textile and is also expected to grow at a significant rate during the forecast period. The shutdown of many dyes and related intermediate units in many developed countries, owing to stringent environmental regulations, has actually worked as a ‘blessing in disguise’ for companies and firms in India, as this has led to a sharp spurt in the prices of several dyes and related products in emerging economies. The closure of the Chinese, European, and the U.S. units has led to a shortage of products in the market, which has raised the demand for dyestuff in emerging economies such as India. This has given birth to new opportunities for the players of dyestuff for textile market in India, and has hence, propelled the growth of the ASEAN and South Asia dyestuff for textile market.

Some of the key players operating in the ASEAN and South Asia dyestuff for textile industry are Huntsman Corporation; Krishna Dyestuff Company; Monarch Dyestuffs Industries and Exports Ltd.; Sumitomo Chemical Company, Limited; Lanxess AG; E.I. du Pont de Nemours and Company; BASF SE; Atul Ltd.; Hangzhou Sunshine Chemicals Co., Ltd; and Arkema Group.